CO129-397 - Public Offices & Others - 1912 — Page 87

{

C.O.

80

Date.

1912

10 any

Last previous Paper,

22094

HONG KONG

25277

REC 12 AUG 2

Redundancy of subsidiary

Agrees that, in present situation, the

scheme suggested.

Luty

Leps last canot be proceeded with. For reasons fireu deprecatin nitroduction of a fort note inme

difficulty.

Mr. Collins

You will

for abo 176 11276 127641276

tadre

where

16/8

مستر

ph...

tomed

Inelas Tal to Gov. 13 Sept. 27838- Comehow. Auf 20 sep Irons 27855

Ausd cons 20 lleg

heonent Paper

77

Sir G. Fiddes

I still believe in the soundness of the

scheme, as the best pa practicable way of dealing with

But

ut we cannot

the depreciation of our subsidiary coins.

press it on the Treasury unless the H. Kong Gort.

wish for the apoption of the scheme. I would now send

corresp. conf. to Gov. and ask for his views.

In any case there will be a long delay before the

scheme could be inaugurated, and it is evident from 2290.

22878 that there is a pressing need for a further supply

of 1 dollar notes. I would therefore recommend to the

#5,046--17. 40,000. 11/11. A.&E.W.